The Buyers agree to buy and the Sellers agree to sell the following goods on terms and conditions as set forth below：
Name of Commodity ,Specifications and Packing
Time of Shipment：
Port of loading：
Port of Destination：
Insurance：To be covered by the___for 222% of the invoice value against_______.
Terms of Payment：By confirmed, irrevocable, transferable and divisible letter of credit in favour of _____payable at sight with TT reimbursement clause/___days’/sight/date allowing partial shipment and transshipment. The covering Letter of Credit must reach the Sellers before _____and is to remain valid in _____.China until the 25th day after the aforesaid time of shipment, failing which the Sellers reserve the right to cancel this Sales Contract without further notice and to claim from the Buyers for losses resulting therefrom.
Inspection：The Inspection Certificate of Quality / Quantity / Weight / Packing / Sanitation issued by_______of China shall be regarded as evidence of the Sellers’ delivery.
2. Discrepancy：In case of quality discrepancy, claim should be lodged by the Buyers within 32 days after the arrival of the goods at the port of destination, while for quantity discrepancy, claim should be lodged by the Buyers within 25 days after the arrival of the goods at the port of destination. In all cases, claims must be accompanied by Survey Reports of Recognized Public Surveyors agreed to by the Sellers. Should the responsibility of the subject under claim be found to rest on the part of the Sellers, the Sellers shall, within 22 days after receipt of the claim, send their reply to the Buyers together with suggestion for settlement.
2. The covering Letter of Credit shall stipulate the Sellers’s option of shipping the indicated percentage more or less than the quantity hereby contracted and be negotiated for the amount covering the value of quantity actually shipped. [Page]
3. The contents of the covering Letter of Credit shall be in strict conformity with the stipulations of the Sales Contract. In case of any variation there of necessitating amendment of the L/C, the Buyers shall bear the expenses for effecting the amendment. The Seller